LAND VALUES
ORDER FOR REDUCTION SUGGESTED. i WELLINGTON, April 17. As land values have fallen so substantially, the suggestion has been made by -Mr I). Jones (Mid-Canterbury) that the Valuation Department should make a general order reducing land valuations by one-.‘‘bird of all valuations. 'I I !,is would give no benefit to ratepayers. replied the Hon. E. A. Ransom Minister in Charge of the Department Such a reduction would necessitate a corresponding increase in the rates levied. In some counties a reduction would he to the disadvantage of rate. p-yevs. owin'' to t’ e ' •' L that a smaller subsidy nn general rates would be payable to the local authority.
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Hokitika Guardian, 20 April 1931, Page 8
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109LAND VALUES Hokitika Guardian, 20 April 1931, Page 8
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